KEC International Wins New Orders Worth ₹2,518 Crores

KEC International, the flagship EPC company of the RPG Group, has announced a significant order inflow of ₹2,518 crores. The new contracts span across its Civil, Transmission & Distribution, Transportation, and Cables businesses. Notably, the company has secured its largest-ever commercial real estate project in India and further strengthened its presence in the Train Collision Avoidance System (TCAS) segment, known as ‘Kavach’.

Broad-Based Business Growth

KEC International has successfully secured a diverse set of orders totaling ₹2,518 crores. These wins demonstrate the company’s strong market position across its multiple business verticals. Commenting on the performance, Vimal Kejriwal, MD & CEO, noted that the successful expansion into the Civil and Transportation sectors represents a significant milestone for the firm.

Key Segment Highlights

  • Civil: The company achieved a major milestone by securing its largest-ever commercial real estate order from a leading developer in Western India.
  • Transportation: KEC continues to expand its footprint in the ‘Kavach’ (TCAS) segment, contributing to safety infrastructure for Indian Railways through a new Joint Venture.
  • Transmission & Distribution (T&D): The business continues to see international momentum, with new orders for 400/132/66 kV lines in Africa, as well as tower and substation supply contracts across the Americas and international markets.
  • Cables & Conductors: Ongoing demand for supply across Indian and international markets has bolstered this segment’s order book.

Strategic Outlook

The company’s ability to secure successive wins in Africa points to a robust recovery in the regional T&D market. With a presence in over 110 countries, KEC International remains a key player in the global infrastructure space. These latest orders are expected to provide strong revenue visibility and support the company’s growth trajectory throughout the current fiscal year.

Source: BSE

Previous Article

Fortis Healthcare Disclosure of Private Placement Debt Securities

Next Article

Navin Fluorine International Limited Shareholders Advised on Interim Dividend TDS Certificates